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201  Economy / Trading Discussion / Re: how will it be? on: April 05, 2023, 03:14:16 AM
I'm sure if Bitcoin goes below $20k now, you'll still wait for it to go below $16k and that's procrastination mate just incase you might have forgotten and you should also know that procrastination is a destiny killer and fustrator.
they wait because they are not sure and do not have good planning with the investment they want to make. The idea of buying low and selling high is true, but sometimes those who are inexperienced in the Bitcoin market situation will just wait for a bottom price which will most likely be very difficult for them to get to. when the market continues to fall they will not immediately show action to buy, there are only doubts about the potential for prices to fall further.
and usually people who are like that without taking action because of their doubts, when the price goes up and some times it doesn't go down, they are afraid that they will miss the train, so they buy at a higher price. and that way is not a good way to get a low price. no one knows when the lowest price will form, and we can only predict at every support there is, therefore place a PO in that area to buy, don't be greedy to buy at the lowest price, even though no one knows when and where price is formed
202  Economy / Trading Discussion / Re: one mistake that crypto beginners should be aware of ? on: April 05, 2023, 03:04:34 AM
Those who follow and rely on others' signals are those who are lazy to do their own research and study things about trading. We can actually do trading by ourselves but we need eagerness and willingness to learn and adopt kowledge to do it successfully. Relying on others, especially people's predictions and signals will not always work. We must instead learn the basic fundamentals of trading as well as do our analysis of the market.
I will say that when it comes to signals they will never work, for the lazy, signals may seem like the perfect way to make money while at the same time they do not make the effort necessary to learn how to trade, but if you really begin to think about it you will realize that it does not make sense for those that give signals to share them, because if you had a away to profit from the markets with your signals you will not share them as you could directly make money with them.
lazy to think as a result of following the signal to be the main factor of failure in the future. we can't always follow other people's signals, then what will happen later if we don't follow other people's signals, we won't understand anything about analysis. for me learning to trade is a long-term asset, until later when I retire I'm already proficient at trading and can make money from trading, so it's not a fast way to earn money, therefore you have to really know yourself for trading
203  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: April 05, 2023, 02:55:14 AM
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Trading is also a serious job that you need to focus, probably you'll spend a lot of time here than working in a company.
The good thing here is that, you can control your time and you will be the one to decide if you are going to trade or not.

Considering trading as your main source of income and as your job requires a lot of risk and knowledge about trading, the risk are high but the reward can also be high. I know a lot of full time traders and they are doing good. Patience will also matter in trading since its not always about buying and selling, most of the time you will wait for your strategy to work. I'm hoping to be a full time trader as well, this is a big dream for a small time trader like me.
risks in trading can actually be controlled according to our trading style. as long as it's in accordance with the rules we've planned, I don't think there's too much to worry about the risks. because most people forget their initial goals, for example from daily trading, because of wrong analysis, then they end up holding it in the long term. and actually if we are good at managing ourselves, we can trade anywhere and anytime, we can even leave transactions for other routines, by placing targets and SL
204  Bitcoin / Bitcoin Discussion / Re: How many crypto wallets do you own? on: April 03, 2023, 05:19:22 AM
that's what has to be done, don't put assets in one basket, so that if something bad happens we will lose all assets. actually that's its main purpose. but on the other hand we must know how to secure our wallet from the possibility of being hacked, apart from dividing it into several wallets. many incidents of people being hacked started with their own mistakes, where they were tempted by advertisements that might come in, so they followed the directions, and finally they could be hacked
205  Bitcoin / Bitcoin Discussion / Re: A victory for Bitcoin on: April 03, 2023, 05:08:26 AM
1 bitcoin = 1 million dollars, it's really fantastic when we hear about it, but if that increase occurs in just 90 days, of course it's logically difficult to happen, but anything can happen in the market. of course we can take the positive side with this news of course there will be more and more people investing in bitcoin so that it can increase the price of bitcoin, even though until the end of this year it has not even reached 1 million dollars, as long as there is an increase and the bullish season comes out, that is already a relief for the investors
206  Bitcoin / Bitcoin Discussion / Re: Study Bitcoin on: April 03, 2023, 04:54:55 AM
From what i can see here based on the bitcoin and the inscription flashed on the building of the European Central Bank, these dudes are trying to pass a message to the European central bank, Government and other financial agencies to do away with their ignorance as regards bitcoin and cryptocurrency innovations and study more about it to get updated on how the bitcoin technology works. I think the guys who did this got some balls of theirs to have attempted this but come to talk of it, this scene is very beautiful to behold.

What i see from this is that Bitcoin is here to savage the fiat financial system while making bitcoin the mainstream center of attraction which create more popularity
Obviously that's the message they are trying to pass but I could have only imagine how the central banks have started to fail their customers and now whether the government like it or not someday they are all going to thinking, implementing and using bitcoin. Seeing this just makes me see the height at which  bitcoin has gained popularity in the world today and if this type of awareness is what is needed for the government to start adopting bitcoin then I feel this is what is needed here too in Africa. Bitcoin is taking over the financial system and Africa is one planet that needs such massive awareness although the spread of bitcoin is good in some part of Africa like my country Nigeria, the growth and spread of bitcoin is massive and I feel it's time we give our own Central Bank an awareness too to study bitcoin  Grin, would be really nice to see something like this play out in my locality but only brave dudes can carry such out.

the government still maintains a fiat centralized system, even though many are familiar with bitcoin and want to realize it as a currency, it seems difficult to happen. unless in a country where more than 50% of the population already uses bitcoin and that country adheres to democracy, then this can be used as a loophole for his political campaign (only wishful thinking). especially if it is carried out simultaneously in large countries, the effect will be felt. but for me being able to get money from bitcoin is enough
207  Bitcoin / Bitcoin Discussion / Re: Thanks to bitcoin on: April 03, 2023, 04:45:25 AM
No matter how much money you have, you can invest in bitcoin, unlike in stocks or forex, where there are minimum deposits for businesses that require huge capital. What is really great about investing in bitcoin is that there are also microtasks that you can do to earn bitcoin, such as the signature campaign, which is a side hustle for people who are struggling financially because their main job is not enough. I am too thankful for bitcoin, as it brought me extra money.
the same as me which made a signature campaign to get extra money considering the lack of main income to meet the necessities of life. with the prize from the signature campaign I always put it aside to invest in bitcoin and some of it I can use to make ends meet. in that way I was able to buy a house when the bitcoin price soared last year, something that might not have been thought of before, considering the expensive property prices in my country. and I am very happy because I already know bitcoin and how to make money
208  Economy / Economics / Re: Lending money or damaging family bond ? on: March 31, 2023, 02:56:13 AM
what you do in my opinion is correct, what you do has the least risk in my opinion, for example you lend it, then your losses will double, people like that usually when they have lent money, and are not responsible, when we collect it, in fact he is angry, and of course in your family he will shun him. if he is really responsible, of course he will provide guarantees for you, let alone large amounts of money. just imagine if he borrowed at the bank, interest would accumulate, and of course you can't without collateral
209  Economy / Economics / Re: Is risky to invest this period on: March 31, 2023, 02:26:30 AM
Investing in cryptocurrency is always risky, regardless of the timing. However, choosing the right crypto asset to invest in, as well as timing the market correctly, can potentially lower the risk. In general, investing when the market is performing well and many coins are experiencing significant price increases can be a good strategy to minimize risk.

Lately I invested in some crypto like sol and some other metaverse coins after reading news about the projects and hopefully I can make a decent profit in the future.

you can reduce the losses if you will stick to top coins, BTC in particular. hard to take risk on alts if you can't keep up with their progress. most alts are in the exit mode without prior warning to its community. most of them are just money-grab projects. if you are using your hard-earned money, be smart about it. if you can't follow up each coin, then stick to BTC or other top 5 alts.
if that's the purpose of investing, then in the long term, I personally prefer a small level of risk, where bitcoin is always the first choice for investing, while others maybe the top 3 altcoins are enough for me to accompany bitcoin, and expect greater returns from investing in altcoins. if we can understand, actually investing in cryptocurrency is not a big risk, as long as we can manage it, which becomes difficult if there are greedy thoughts in us, so that in choosing coins or taking profits that are beyond reason
210  Economy / Economics / Re: Bitcoin Investment: Good Debts vs Bad Debts on: March 31, 2023, 02:17:00 AM
I think it depends on the background of the person borrowing it. it can be said to be a good debt if the borrower already knows and has good knowledge of bitcoin investment, so that all risks and targets have been calculated beforehand. it is said to be bad debt, because most people want quick and multiplied profits, while there is no capital, so they dare to borrow, without careful calculation of risk, and usually people who are like this will be attacked by their psychology which ends up selling panic, and the result did not live up to initial expectations
211  Economy / Trading Discussion / Re: Looking a partner on: March 30, 2023, 05:55:11 AM
I will never recommend that you use a member of this forum or a user of any social network to assist you in making financial transactions. Today, trusting people online is actually very difficult to find. Thus, con artists are commonplace. Don't be too eager to make it through cryptocurrency industry.you plans of giving someone money to help you trade will make you lose everything easily. Learn how to trade yourself is therefore the greatest approach to ensure the security of your money.

In fact, I'm not sure why you chose to trade with such a large sum of money.don't you realize trading entails significant risk.How certain are you that the individual you wish to give money to trade won't lose everything in the end?learn that no one in the cryptocurrency sector is an expert. My suggestion to you is to be calm and first study about the cryptocurrency industry before moving on to the trading section.

Finding good trade partners is not a difficult process, but finding those who are reputable and trustworthy would be. Being wholly involved in trading, I perform the majority of my market research online because that's where I find useful information. It's a worthy goal for those who are willing to take the risk necessary to distinguish themselves as the top traders in the industry. But, they let greed take over and stopped activating their stop loss whenever a deal was working in their favor. They're willing to delay changing their position entries for the entire day, which is horrible because it means they'll miss their daily goals.
with such a nominal amount of money, of course, if you want to cooperate with a trader, you must go through a clear MOU between the two, on the other hand, a trader who will cooperate, of course, shows the trading portfolio he is in, so that it can be assessed whether a trader is trading healthily or not. No. because as far as I know, a trader company on a large scale will have a lot of agreements and contracts that both of them have to agree on
212  Economy / Trading Discussion / Re: Early Profit can be misleading. on: March 30, 2023, 05:40:06 AM
for me, a novice trader, the first thing to do is learn to trade properly, in this case, of course, a trader will apply his theoretical knowledge to real trading practice, so that he will not only learn techniques, but also psychology and money management, until finally they can be disciplined in the work plans that have been made, so that they can work according to their personal portfolio. that way you can trade in a healthy manner. for those who are trading for the first time and making a profit, it is feared that they will become arrogant and think that trading is easy, so that they will eventually fall into the trap and experience bigger losses
213  Economy / Trading Discussion / Re: Experience on Bitcoin on: March 30, 2023, 05:29:49 AM
Has anyone ever thought of investing in Bitcoin in previous years, but later left out due to negative though that Bitcoin will not have positive value in time to come.
   Let share our experience.
   As for me I still regret my actions years back, but I still believe that it's never too late.
Many of us has a big regret by not believing in bitcoin way back on year 2010,if we only believe that bitcoin will be having a big value this time then we can get huge profit if we buy and hold it, but i think its never too late and it isn't over yet, bitcoin will surely rise in the future and we need to prepare to buy and hold today avoid regrets.
Yes it is a very deep regret for people who knew bitcoin at that time but they did not decide to invest in it even almost everyone thought at the beginning of its existence that bitcoin could not be worth as high as it is now but bitcoin proved that in a decade it can done even though we were not able to invest in bitcoin at that time but there are round the clock opportunities for us to make purchases taking advantage of every drop in the price, it is not too late for us to invest now because going forward there is a possibility that bitcoin will be worth much higher.
we should not just be spectators when many people harvest the results of their investment in bitcoin. Moreover, we in this forum already know bitcoin fluctuations and can take advantage of the bearish season to buy bitcoin, so it's never too late to start investing in bitcoin. before getting to know bitcoin clearly, when there was a decline I panicked, and was afraid to buy, it's different now where every decline is an opportunity to buy
214  Bitcoin / Bitcoin Discussion / Re: Do you feel bad while paying with BTC? on: March 29, 2023, 03:34:29 AM
The current issue with BTC is high transaction fees, so I rarely use BTC for payments, I usually use LTC or USDT with very low fees below 1$.
How much more if there would be some network congestion? For sure you would definitely be that amazed on how high  transaction would be on Bitcoin.This is the main problem i do
only see on Bitcoin which into its scability issue and this is why we do have other solution which is to make use of altcoins or simply with USDT. Speaking about paying with Bitcoin
then just like yours on which i dont tend to make use of it but rather saving it up because we know the potential price increase that it could give out
on near future. We arent blind not to see its potential and of course we are saving up for long term.
the main thing I feel when paying using bitcoin is to feel sorry because of the nature of bitcoin which I tend to function as a tool for making a profit. it's different if the price of bitcoin is high and I feel it's worth releasing maybe I can change my mind, whether I make fiat for payment or make it a stable coin first, because I'm sure that after the bullish season is over, bearish season will come
215  Bitcoin / Bitcoin Discussion / Re: Reasons why I might consider selling my Bitcoin. on: March 29, 2023, 03:24:22 AM

Business opportunity: Many people in my country are migrating to developed to seek better employment opportunities. Many of them are cheaply selling their properties and businesses. If I have the opportunity to buy a cheap house or business, I might decide to sell some of my bitcoin because the profit from the business will help me to buy more bitcoin in the future. House rent is expensive in my country and it is really taking a large chunk of my income. If I own a house, my house rent can be used to buy more bitcoin

This is probably enough reason for one to sell off his Bitcoin holdings because there are a lot of opportunities that only present its self once in a lifetime and if one happens to be lucky enough to see any opportunity and see it as one then, we should grab it knowing its worth the risk. Selling off BTC and buying a house or employment opportunity can never be a thing of regret because you can buy back the number of the sold btc later when you have realized enough funds from your business or other side hustles, but you see that business, employment or house opportunity if you miss it ones, you might likely never get an offer as of what you missed.
BTC moves up and down, and when we buy a house when the BTC exchange rate rises, this will be a distinct advantage, because when the bitcoin price falls we can buy it back. different from property which will always increase every year, so as the head of the family I also think about owning a house for my main needs. after having a home then we will be more free to work
216  Bitcoin / Bitcoin Discussion / Re: Bitcoin Forever on: March 29, 2023, 03:14:03 AM
bitcoin is something new in my life and gives hope to have better finances, from this forum I can learn about bitcoin, its characteristics and how to make money from investing in bitcoin. until during the bearish season this time I didn't experience panic like during the previous bearish season. therefore maybe for the rest of my life I will always be friends with bitcoin which uses a decentralized system with all its advantages
217  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins dead? on: March 28, 2023, 06:01:13 AM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Current market situation you may think that crypto or altcoin is dead but now market situation is very bad with BTC price don't want to take any project risk because now they are bringing new project and releasing new tokens in market and there Liquidity is given very less by BNP and they don't dare to get the price and the BNP price so they don't get the defined liquidity and it looks like the altcoin is dead.
in a bearish situation like today, of course there will be many altcoins that are degraded, thus reducing the list of registered tokens, among those that leave, of course, cannot survive to carry out their development, so they die. and it is precisely at a time like this that it is the right time to invest in altcoins that have experienced a deep decline and occupy the top positions on coinmarketcap, that way we can be calmer to hold them
218  Alternate cryptocurrencies / Altcoin Discussion / Re: why people are always interested in altcoins on: March 28, 2023, 05:51:38 AM
When it comes to investing, there is no better investment than Bitcoin. But despite knowing this, the main reason we have an attraction towards altcoins because there is an attempt to earn large amounts with relatively little investment. But the risk is very high. Investing in bitcoins can lead to losses but after a certain period of time they definitely will get all time high but in alt coins there is no such possibility. However, even if the top coins are highly trusted, there is a risk of being scammed. An investor has to decide what he wants to do.
If you invest small the risk will also be small but if you keep on doing the same thing and all you will get are mostly failures, the losses can still add up and looks huge if you total them all. If only those money are being put in Bitcoin that should already gave us a good income. Those altcoin risk takers needs to realize this and they must switch on Bitcoin now if they don't want to waste time and money.

A Bitcoin investor can only lose if they don't equipped their selves with knowledge. All time high doesn't only happen in Bitcoin but it's also possible in altcoin, most especially if that altcoin is legit. Top alts can collapse and some turned into a scam but I think the probability is low. This is still part of the risk when investing.
bitcoin is indeed the best for investing, if we have large funds of course bitcoin is the main choice for investing, but for those who have small funds and not enough for diversification, while wanting big profits, I think altcoins are the choice to maximize profits. sometimes many speculators choose new projects to invest in, even though they lead to gambling, but many people buy them, as long as they have good knowledge, I don't think it's too dangerous to invest in cryptocurrency
219  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ETH the King of Altcoins ? on: March 28, 2023, 05:41:30 AM
Ether still holds its place as the altcoin king and will remain so for the foreseeable future. The current price of each Ether is $1800 which had crossed $5000 in a bullish period. There are many smart contracts on the Ether platform that are in leading positions in the crypto market. In all respects, Ether is still the best from all altcoins.
I slightly disagree with what you said. ETH is indeed superior in many ways compared to all altcoins, but in terms of gas fees I think ETH is the altcoin that has the most expensive gas fees. As we know, the gas fee is very important and is highly considered if you want to trade crypto. Moreover recently there have been many L2 Ethereum airdrops which make the gas fee even more expensive. 
the gas fee fee has been complained about for a long time, so many have switched to the BSC network. but from these complaints until now ethereum still occupies the top altcoin on coinmarketcap, this proves that ether is very suitable for investing, even though it has weaknesses due to large fees. although many projects have switched to the bsc network, bnb still has not been able to overtake ether to replace its position, even though both are the best altcoins
220  Economy / Trading Discussion / Re: Crypto or Forex? on: March 27, 2023, 09:52:30 PM
It depends where you are confident to make a trsde actually they are both good to make a position but in crypto we know how does the market of it too much volatile so better always keep an eye and make a trading plan with your next coming move. I've been trading crypto for over a year and I have a good ride of it so I stick with it because I do a quick scalp and I do forex too for a long term trsding.
if we already know the destination like you will indeed be better, and can choose according to our comfort. it's different for me, where with great volatility in cryptocurrencies, I prefer to use long-term trading or investment, while short-term trading I do it on forex, given that there are no wild movements where it will be easier to predict
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